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kimbutgar

(27,404 posts)
Tue Oct 2, 2012, 01:06 PM Oct 2012

Will Keystone Pipeline go ahead no matter who is elected? [View all]

I read in a financial newsletter today that Wall Street thinks it will be a "lock" that no matter who wins the November election Obama or Rmoney the Keystone XL Pipeline will be approved. He thinks that investors will get "rich from the torrent of Canadian black gold that will boost shares prices of a select group of stock, reignite the US economy and redraw the global energy map"

It was the biggest piece of crap I have ever read. Do these people get it that they are ruining our environment and the it's only Canada that stands to make big money and the jobs will be short lived?

The newsletter also says one thing I agree with he thinks this election is no ordinary election and that it is a toxic election that will be a threat to income investors. He feels it is a recall referendum on the President and he states how the recall tore apart Wisconsin and our nation is so polarized that it's going to roil the markets. (Thank you right wing media and Fox)

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The Petroleum Mafia has decreed Keystone will go forward. Raster Oct 2012 #1
Yes it will, and the reason is that profit is king in America, not people or water. 1-Old-Man Oct 2012 #2
Well said! City Lights Oct 2012 #9
Thank you. nt woo me with science Oct 2012 #14
Think about the jobs it wiil create...to hell with planet earth Tippy Oct 2012 #3
Somekind of deal is going to be made. The pieces are: drilling offshore/in protected reserves, patrice Oct 2012 #4
That is the way to look at it. klook Oct 2012 #5
This is also where the Environmental movement MUST put its REAL talent forward. We need patrice Oct 2012 #6
Fracking is so fucking crazy, one wonders if it wasn't thrown into the mix in order to put pressure patrice Oct 2012 #8
More Domestic Oil & Gas production will not lead to energy independence ashling Oct 2012 #11
That makes sense. Any good sources on the economics of that? patrice Oct 2012 #16
It's never gonna happen, ashling Oct 2012 #17
Obama is no environmentalist XemaSab Oct 2012 #7
A LOT depends upon where the center is. Some people might be interested in taking "new" patrice Oct 2012 #10
Yes, and so will cuts to Social Security, education deform, and more wars/police state. woo me with science Oct 2012 #12
Of course, MadHound Oct 2012 #13
Related from the Center for American Progress: pampango Oct 2012 #15
It will go forward and should go forward if the environmental impact bluestate10 Oct 2012 #18
Tar-sand, mined in Canada, transported to Texas, exported to god knows where for Canadian profit 1-Old-Man Oct 2012 #19
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